yes
in part successful spraying is about controlling the viscosity of the finish. With an unknown quantity of water in your air line (both as vapour and as drops) I can't see how you can keep the viscosity constant
you have two basic choices
High Pressure air as you originally asked about, or
High Volume Low Pressure -- which is the turbine type system you're now asking about.
sorry but I can't really help you choose between the two